Home sellers will have to disclose more information in property listings to prevent deal collapses and save buyers from surprises. National Trading Standards has introduced new rules that require sellers to include details about bad phone signal and neighbours' plans. The changes aim to improve transparency and prevent buyers from discovering unpleasant surprises during transactions. Failure to comply with the rules could breach the law and lead to complaints against the agent. The new requirements also include disclosing planning permission, energy supply, flooding risks, sewerage arrangements, and the material makeup of the property |
The Daily Telegraph (02/12/2023) |